Benefits for Annuity Owners

Sewickley & Pittsburgh AnnuitiesThere is no other investment vehicle that provides as many benefits in one wrapper as does the annuity, which is something that annuity owners must know and their critics don’t.

 

 

Tax Deferral

In one study done on annuity owners, it was found that 85% invest in annuities for their tax benefits.   Under the tax code, annuities are considered to be life insurance contracts and are afforded many of the same tax advantages.  Cash values are not currently taxed which allows accumulated earnings to grow faster.

Over a long period of time, this produces a significant advantage over taxable equivalents such as CDs.  For an individual who pays state and federal taxes at a combined rate of 50%, a CD would have to yield 6% in order to achieve the same after-tax return of an annuity that yields 3%.

Piece-of-Mind

Another primary reason annuities are purchased is the safety of principal the offer.  Annuities provide for a guarantee of principal that is backed by the annuity provider, which is a life insurance company.  […]

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Pre-Retirement Fixed Annuities

Annuity_Agent_Pittsburgh | Fixed AnnuitiesFixed annuities are a cornerstone of retirement plans for millions of pre-retirees, and, as people climb out from underneath the rubble of their decimated 401(k) plans, they are being considered by millions more as way to lock in some stability during turbulent times. Even as fixed annuities rates fall, investors are looking to them to provide a safety offset to the riskier parts of their portfolios.

In the face of volatile markets and an uncertain economic future, investors are increasingly looking for more stability and predictability in their pre-retirement planning. Sound pre-retirement planning requires a careful consideration of all possible contingencies, and because it impossible to predict the future, there needs to be a safe and solid foundation that acts as a safety net if any of the other pieces of the plan begin to crumble.

 

The Appeal of Fixed Annuities

 

Why Fixed Annuities

Fixed annuities are purchased primarily for their safety of principal and guarantees. Offered and backed by life insurance companies, fixed annuities have, […]

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ANNUITIES

We offer annuity products from four different companies:

  • GBU Financial Life – two products
  • GCU – five products
  • NSS Life – two products
  • ISDA – three products

With many options from which to choose, we are certain to find one that will fit perfectly into your portfolio.

LIFE INSURANCE

Permanent/Whole Life or Term Life Insurance…which is the right for you?  We can help you make the right decision.

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